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How do I use Credit card cheques?

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Why do I need Credit?
There are a number of benefits associated with paying by credit as opposed to cash or cheques:
How can I keep my credit card secure?
Like anything, a credit card can be stolen or used without your knowledge, so follow these simple rules to keep your credit card secure:
Why would my credit card application be turned down?
There are many reasons why your credit card application could be turned down, and these reasons vary between all credit card issuers.
How do I use Credit card cheques?
When you receive your credit card, you will also receive some credit card cheques in the post.
How much can I Balance Transfer and how long does it take?
Most credit card companies will only allow you to make a minimum of £100 balance transfer either from or to your credit account, because of the administration involved.

When you receive your credit card, you will also receive some credit card cheques in the post.

These are supplied as a convenient way of taking money from your credit account- to pay off other credit cards, loans or bills - or simply to put straight into your bank account. It's an easy way of covering a payment when you do not have the ready cash. The other way to perform this same transaction is to ring up the credit card issuer and arrange a balance transfer.

Rates of interest are charged on these cheques, varying between credit card companies, and they may be subject to a handling charge of 2%. The interest and handling charges will be made clear to you on the letter accompanying the cheques, and you should read this information carefully before using the cheque. The charges will usually be the same as for cash withdrawals.









































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